Manchester City have dazzled their way to the top this season and the club believe trophies and style can combine

But with City already eight points clear of the Premier League pack after 11 games, the City hierarchy clearly believe Guardiola will be delivering the football the club craves as well as the silverware wanted.

And while chief executive Ferran Soriano conceded last term was “unsatisfactory”, he is convinced it had sown the seeds for a campaign to remember.

Soriano said: “Last season the team showed exactly the type of quality football we want to be playing.

“We are committed to playing beautiful football and to win. Both elements are compatible and the second is a consequence of the first.

He added: “Targeted investment in the summer of 2016 in some talented young players, blended together with the existing capabilities in our squad, led to an impressive start to the season and some memorable performances.

“We entered the new season with a justifiable sense of ambition and expectation.”

Off the pitch, despite a change in accounting periods which saw the club record a profit of just £1.088m over the 13 months to the end of June, revenues rose by 21 per cent to £473.4m.

The ratio of wages to revenue stood at a “healthy” 56 per cent and the club pointed to the “unprecedented success” of their women’s team.

City are playing to such a level they are leaving all challengers trailing so far this season

England under-17 World Cup winner Phil Foden was picked out by Khaldoon as an example of the long-term vision.

Khaldoon added: “The ongoing development of Phil Foden and Brahim Diaz in particular, continues to be encouraging and our commitment to nurture our own talent remains a central pillar for the Club’s long-term sustainability.”

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